China's richest man prefers U.K. deals over U.S.

China's richest man, Wang Jianlin, says he's looking to do more deals in the U.K., noting it's much easier to do business with the British than the Americans.

Wang's massive conglomerate, Dalian Wanda Group, has been increasingly expanding outside of China, announcing a $1.6 billion deal in June to buy the British yacht maker Sunseeker, which crafts vessels for James Bond films. The firm also announced plans to develop a five-star hotel and apartment complex in a prime London location.

In late September, his company announced it was investing $8.2 billion to develop a massive entertainment complex in the Chinese city of Qingdao. The facilities will boast film and television studios, theme parks and hotels.

Summers: Fiscal cuts are 'madness'

In September, a report pegged Wang's personal net worth at $22 billion, up from $10.3 billion in 2012.

According to the report, Wang is among 315 China-based billionaires. Just a decade ago, the country did not have any billionaires.